FILE PHOTO: A logo is seen on the roof of the ArcelorMittal steelworks headquarters in Ostrava, Czech Republic, April 1, 2016. REUTERS/David W Cerny/File Photo

The paper did not specify which assets Cade was targeting, or which ones the companies have proposed to sell.

Cade and Votorantim did not immediately comment.

Arcelor, in a statement, said it was “confident that the deal would be approved by the antitrust authorities.” Votorantim said it was confident about the transaction’s merits. Both companies added they were supplying the information requested by Cade.

In September, a body of Cade recommended rejecting ArcelorMittal’s proposed acquisition of Votorantim Siderurgia, saying a tie-up between two of Brazil’s top-three long steelmakers would hurt competition. [nL2N1LM2BU]